CEO Spotlight

A Model Success

Affiliated Managers Group's business plan has paid off for small asset-management firms and its own investors.

Long before becoming chairman and chief executive of Affiliated Managers Group, Sean Healey was a young Harvard law-school student with dreams of a career in academia. Then he decided that a solitary life spent pondering legal theory was not what he wanted. Seduced by the pitch of a Goldman Sachs banker promising an atmosphere of "brilliant, focused, and switched-on people," he accepted a full-time job with the New York investment bank, after serving as a summer associate there. He headed to the firm's headquarters to...